Top Ten 10 Reasons to Buy a New Home vs an Old Home

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Top Ten 10 Reasons to Buy a New Home

The Building Industry Association of Southern California published "The Top Ten 10 Reasons to Buy a New Home."

Here is the Top 10

If you’re in the market for a new home, have you considered buying a brand-new home? Not only do you get a home that’s as close to custom-built as possible,. Plus, you get energy efficiency, modern floor plans, and excellent value!
The benefit of pre-designed plans is similar to buying a model home, but with more choices. There are 100s of plans to choose from instead of the 5-8 models they are building in a subdivision with 3-4 flooring selections and 2 kitchen finishes.
A custom-designed home delivers a real opportunity to mold the home design into your vision. You want a bigger kitchen with professional upgrades, you can have it. You need a big workshop and want the convenience of working from home. They are all possible when you design your home. It will change your life if you let it.

Competitive Pricing

Compare prices of existing homes to those of comparably sized new homes. Southern California is home to hundreds of homebuilders, both big and small, who are competing for your business. When builders compete, you benefit. And most homeowners looking to sell their homes cannot offer the incentives or attractive financing options builders can to move their inventory.
It is like buying a car. Would you rather buy one used or brand new? It costs you about the same for the old one as it does for a new one.

Choices

When shopping among existing homes, buyers have to take the previous owners’ style into consideration. Do you pay even more to redecorate, or do you make do with someone else’s choices? A new home, however, provides you with numerous design, color, and material options. Having the luxury to tailor a home to your tastes can be one of the greatest features of buying a new home.
A hamburger is the metaphor for this item. Would you like a stale hamburger, you can not choose your toppings for, or a fresh burger, you can select your favorite toppings.

New Home Warranty

New home buyers are assured at least a one-year warranty on the home itself and, in many cases, five years on major appliances. And in California, homebuilders are required to guarantee the structure of a home for a full 10 years! That means new home buyers are assured quality construction in their new homes! There’s no second-guessing the work a previous owner might have done (or not done!).
Would you like free home warranty insurance?

Home Location

Location, location, location. Not only do new home buyers get to choose which beautiful new home community they want to live in, they also get to select their individual unit or home site within that community. Would you prefer your bedroom get morning sun or afternoon sun? Would you prefer to live near the park or on a cul-de-sac?
You can not just flip an old house around like a rug. Designing a custom house is a blank slate to conform to your wishes.

Convenient Financing

In today’s market, securing financing for home ownership can be tedious and stressful. Many builders have simplified this process in order to provide you with the best deal possible that gets you into your new home quickly and easily. And in a buyer’s market, some builders are willing to pay additional closing costs.
Having someone who wants to help you get into your own new house, even paying closing costs. This can make the whole difference between renting and being a homeowner. To be fair, some sellers help with closing costs and even financing.

Low Maintenance

Why worry about upgrading or constantly maintaining your home if you don’t have to? New homebuilders use the latest and greatest materials that technology can offer. The result? New homes are virtually maintenance-free for many years.
Make your life easier and spend your time doing what you want to.

Floor Plans

Never thought about the convenience of modern floor plans? Take a tour of many existing homes, and you’ll find bad layouts and wasted or unusable space. New home buyers, however, have a variety of modern layouts and styles to choose from that are suitable for any family. Many builders allow a variety of custom options, allowing you to alter the layout and turn a living room into an office or a media nook into another bedroom.
Open floor plans are much more livable than older plans that are divided into small spaces.

Energy Efficiency

New homebuilders are required by law to meet stricter energy codes than in the past, which benefits YOU, the consumer. This is an enormous cost-saving benefit when considering the costs of fuel and energy today. Many existing homes were built when energy codes were either more lenient or nonexistent.
This is even more important in our northern climates. A 2x4 without any insulation can not compare to today's super-insulated homes.

Modern Appliances

Appliance manufacturers introduce new models every year, and homebuilders are able to offer the latest state-of-the-art equipment at the time of completing a new home. And, because the homebuilder buys for the entire production of new homes, the purchasing power often reduces the buyers’ costs.
Old homes often come with rundown appliances that need replacing. New homes often have new Energy Star appliances.

Appreciation
The typical home needs remodeling after 25-30 years. Since new homes have an assured longer life, appraisals are generally higher than on comparable existing homes. That means new homes will likely sell for a higher value in the future.
Old homes have built-in age. A roof is often nearing its time for replacement. Newer homes often come with 30+ year roofs. What is the sense in buying a home that you are going to have to replace bit by bit throughout your time living in it? Why not enjoy the benefits of your new home?
To select a pre-designed house or have a custom-designed home drawn to your specifications, go to 
Plan House, LLC- Custom Designed Homes.

Original Post 2008, Updated 2025

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